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Kotak Tax Saver Fund - Direct Plan - Growth

  • Regular
  • Direct
Category : ELSS
  • NAV
    : ₹ 80.816 -0.64%
    (as on 28th September, 2022)
Crisil Rank
Above average performance among peers
Risk-O-Meter
Very High

The fund has 97.33% investment in domestic equities of which 59.72% is in Large Cap stocks, 21.54% is in Mid Cap stocks, 12.26% in Small Cap stocks.

Suitable For : Investors who are looking to invest money for at least 3 years and looking for additional benefits of income tax saving apart from higher returns expectations. At the same time, these investors should also be ready for possibility of moderate losses in their investments and 3 year lock-in period.

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Returns (NAV as on 27th September, 2022)

Period Invested for ₹10000 Invested on Latest Value Absolute Returns Annualised Returns Category Avg Rank within Category
1 Week 20-Sep-22 9466.20 -5.34% - -4.54% 52/55
1 Month 26-Aug-22 9812.90 -1.87% - -1.76% 27/55
3 Month 27-Jun-22 11069.50 10.70% - 10.84% 25/55
6 Month 25-Mar-22 10194.90 1.95% - 2.96% 33/55
YTD 31-Dec-21 10132.20 1.32% - -0.29% 19/55
1 Year 27-Sep-21 10275.40 2.75% 2.75% 0.74% 16/55
2 Year 25-Sep-20 16714.40 67.14% 29.19% 31.20% 26/55
3 Year 27-Sep-19 16835.50 68.36% 18.94% 19.75% 23/54
5 Year 27-Sep-17 19535.70 95.36% 14.32% 12.94% 11/43
Since Inception 02-Jan-13 39819.40 298.19% 15.24% 15.08% 21/51

SIP Returns (NAV as on 27th September, 2022)

Period Invested for ₹1000 SIP Started on Investments Latest Value Absolute Returns Annualised Returns
1 Year 27-Sep-21 12000 12435.64 3.63 % 6.77 %
2 Year 25-Sep-20 24000 28064.5 16.94 % 15.81 %
3 Year 27-Sep-19 36000 49010.5 36.14 % 21.07 %
5 Year 27-Sep-17 60000 92368.32 53.95 % 17.27 %
 

Tax Treatment

You can not sell your investments in this fund for 3 years from the purchase date. Long term capital gain tax will be applicable when you sell your investments after 3 years. Current tax rate is 10%, if your total long term capital gain exceeds 1 lakh in a financial year. Any cess/surcharge is not included. However, you can claim a deduction on your taxable income under section 80c for your investments in this fund. (Current tax deductions are capped at 1.5 lakh per year).

Portfolio (Updated on 31st Aug,2022)

Portfolio Turnover Ratio : 21.12%  |   Category average turnover ratio is 49.75%  
Fund manager updated portfolio less frequently than peers in last 1 year. (I.e. fund manager held stocks/bonds in the portfolio for longer duration than peers)
Equity Holding : 97.33% | F&O Holdings : 0.00%| Foreign Equity Holdings : 0.00%| Total : 97.33%
No of Stocks : 58 (Category Avg - 46.50) | Large Cap Investments : 59.72%| Mid Cap Investments : 21.54% | Small Cap Investments : 12.26% | Other : 3.81%

Top 10 Stocks in Portfolio

How to read this table?
Stock Invested in Sector Value(Mn) % of Total Holdings 1M Change 1Y Highest Holding 1Y Lowest Holding Quantity 1M Change in Qty
ICICI Bank Ltd. Banks 2395.7 8.16% 0.25% 8.63% (Oct 2021) 6.77% (Mar 2022) 27.00 L 0.00
State Bank Of India Banks 1593.8 5.43% -0.24% 5.77% (Jan 2022) 5.03% (May 2022) 30.00 L 0.00
- Reliance Industries Ltd. Refineries/marketing 1319 4.49% 0.00% 5.22% (Apr 2022) 2.9% (Jan 2022) 5.00 L 0.00
Infosys Ltd. Computers - software 1194.4 4.07% -0.37% 6.25% (Dec 2021) 4.07% (Aug 2022) 8.00 L 0.00
Larsen & Toubro Ltd. Engineering, designing, construction 1105.4 3.77% 0.05% 4.51% (Dec 2021) 3.54% (Jun 2022) 5.75 L 0.00
ITC Limited Cigarettes 993.6 3.38% 0.02% 3.38% (Aug 2022) 0% (Sep 2021) 31.00 L 0.00
Axis Bank Ltd. Banks 977 3.33% -0.04% 3.55% (Apr 2022) 2.03% (Dec 2021) 13.00 L 0.00
SRF Ltd. Chemicals - speciality 915.6 3.12% -0.10% 4.67% (Sep 2021) 3.12% (Aug 2022) 3.60 L -0.10 L
HDFC Bank Ltd. Banks 817.4 2.78% -0.04% 3.82% (Sep 2021) 2.78% (Aug 2022) 5.50 L 0.00
Tata Consultancy Services Ltd. Computers - software 710.9 2.42% -0.20% 3.7% (Sep 2021) 2.42% (Aug 2022) 2.21 L 0.00
- indicates change in weight in the portfolio. # indicates a new entry.
Name Type of Instrument Weight (%)
TREPS TREPS 2.66%
Net Receivables Net Receivables 0.01%

Risk Ratios

Ratios calculated on daily returns for last 3 years (Updated as on 30th August, 2022)

  • Standard Deviation

    Low volatility
    20.27vs20.63
    Category Avg
  • Beta

    High volatility
    0.92vs0.89
    Category Avg
  • Sharpe Ratio

    Poor risk adjusted returns
    0.84vs0.87
    Category Avg
  • Treynor's Ratio

    Poor risk adjusted returns
    0.19vs0.2
    Category Avg
  • Jension's Alpha

    Poor risk adjusted returns
    1.23vs3.01
    Category Avg

Alternative Funds (Category Peers)

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Quant Tax Plan - Direct Plan - Growth 5 1787.29 0.38 15.31 6.68 12.70 39.88
HDFC Tax Saver Fund - Direct Plan - Growth 4 9787.51 -2.38 8.79 5.90 5.62 15.79
Parag Parikh Tax Saver Fund - Direct Plan - Growth NA 733.49 0.37 8.44 3.42 4.27 23.47
IDFC Tax Advantage (ELSS) Fund - Direct Plan - Growth 5 3851.42 -2.35 9.05 0.22 2.84 22.50
PGIM India ELSS Tax Saver Fund - Direct Plan - Growth 5 415.69 -3.06 6.75 -1.48 1.73 18.72
Tata India Tax Savings Fund - Direct Plan - Growth 3 3118.97 -3.38 9.44 0.49 1.39 16.14
Sundaram Tax Saving Fund - Direct Plan - Growth 3 969.37 -2.95 8.56 2.16 0.82 18.28
Franklin India Taxshield Fund - Direct - Growth 3 4862.16 -2.71 9.78 2.57 0.73 16.00
SBI Long Term Equity Fund - Direct Plan - Growth 4 11204.25 -3.79 8.07 2.62 0.68 17.44
Union Long Term Equity Fund - Direct Plan - Growth 4 553.06 -2.06 10.09 2.63 0.05 19.43

More Funds from Kotak Mahindra Mutual Fund

Out of 44 mutual fund schemes offered by this AMC, 2 is/are ranked 5 * , 9 is/are ranked 4 * , 9 is/are ranked 3 * , 1 is/are ranked 2 * , 2 is/are ranked 1 * , and 21 schemes are not ranked. See more about AMC

Scheme Name
Crisil Rank
Asset Size (Cr)
1M
3M
6M
1Y
3Y
Kotak Flexi Cap Fund - Direct Plan - Growth 3 37435.40 -3.13 9.02 1.72 -2.75 13.96
Kotak Liquid Fund - Direct Plan - Growth 3 31211.78 0.42 1.25 2.27 4.05 4.03
Kotak Equity Arbitrage Fund - Direct Plan - Growth 4 23309.82 0.52 1.13 2.33 4.54 4.78
Kotak Emerging Equity Fund - Direct Plan - Growth 4 21934.98 -1.69 13.77 7.35 7.03 26.22
Kotak Money Market Fund - Direct Plan - Growth 4 14719.51 0.31 1.23 2.15 4.11 4.83
Kotak Balanced Advantage Fund - Direct Plan - Growth NA 14586.96 -1.48 5.01 2.48 1.71 11.65
Kotak Savings Fund - Direct Plan - Growth 3 13861.77 0.31 1.23 2.13 4.06 5.00
Kotak Bond Short Term Plan - Direct Plan - Growth 2 12682.98 -0.09 1.52 0.99 2.57 6.38
Kotak Equity Opportunities Fund - Direct Plan - Growth 3 10842.43 -1.88 11.18 4.01 2.40 19.66
Kotak Overnight Fund - Direct Plan - Growth NA 10609.43 0.46 1.27 2.29 3.99 3.65

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